Tag: billet vs scrap
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Turkiye: Deep-sea imported scrap prices ease slightly w-o-w as ceasefire uncertainty stalls trading
Mills shift focus to cheaper billet imports Fresh bookings on hold amid weak rebar demand Turkish deep-sea scrap prices slightly decreased, with HMS 80:20 at around $400/t CFR on 9 April, as trading activity slowed amid uncertainty over the US-Iran conditional ceasefire. Overall activity stayed muted, as mills are largely covered for April-May and weak…